Ask a VC: “Investing in Music Is a Little Like Vietnam” (TCTV)
Ask a VC was on hiatus for a few weeks, but your Friday investor-talk fix is back. Our guest this week is Tony Conrad, partner at True Ventures and founder of About.Me, which recently sold to AOL along with TechCrunch.
There was a pent-up flood of questions this week, and Conrad addressed many of them. In case you want to skip around here they are in order:
-Why does True Ventures invest in more product and gadget companies than most VCs? What do they look for?
-True’s views on International investing
-Conrad’s advice on getting into business in Southeast Asia and the moment he knew he’d “gone native.”
-Does Conrad have a secret “formula” for building companies to flip? And did he sell About.Me so early, because he didn’t believe in the business?
-Why True isn’t betting big in the current game frenzy.
-Why True doesn’t bet on education or music companies.
-And a general roundup of questions about how to pitch True.